Student: I was wondering if you could help me with this over here?
Me: Sure
(On the screen, is a listing of all financial aid that he has been awarded. Alternating lines are shaded blue to make it easier for students to track the individual awards across the screen.)
S: Okay so whats the difference between whats in blue and whats not?
M: There is no difference between the two, we just shade it that way so it's easier to follow.
S: Oh Okay. Now this unsubsidized loan, that's the one I don't have to pay back right?
M: No. Anything that is a loan, you will have to pay back.
S: Okay so loans I pay back, grants I don't.
M: Correct.
S: Okay so do I have to pay back this Student Grant?
M: No, its a grant you don't have to pay that back.
S: Oh oh oh ok ok. So it says here I need to act on all the awards, do they just mean the blue ones?
M: No. Ignore the blue shading, it has no affect on your financial aide.
S: Oh ok. So just accept them?
M: Yes.
Wednesday, June 29, 2011
Friday, June 24, 2011
Wednesday, June 15, 2011
I nearly choked on the irony....
A student came into my office today and wanted to know when his financial aide was going to get to him...
Student: I need to know when my financial aide is going get to my account.
Me: Well you don't start class until the 30th, so funds will not release until that week, but they should be on your card by that Friday.
S: Man....Is there anyway to get it there sooner, I really need the money.
M: I'm sorry, but we can't release funds until class starts.
S: I don't know what I'm gonna do, I've gotta pay my bills.
I don't want you to think that I am not sympathetic to the guy, but I do hear this ten times a week and I have become somewhat desensitized to it. The reason I post this conversation is because he was wearing this:
Student: I need to know when my financial aide is going get to my account.
Me: Well you don't start class until the 30th, so funds will not release until that week, but they should be on your card by that Friday.
S: Man....Is there anyway to get it there sooner, I really need the money.
M: I'm sorry, but we can't release funds until class starts.
S: I don't know what I'm gonna do, I've gotta pay my bills.
I don't want you to think that I am not sympathetic to the guy, but I do hear this ten times a week and I have become somewhat desensitized to it. The reason I post this conversation is because he was wearing this:
The site I pulled this from offers free Mix Tapes for orders over $30
Monday, June 13, 2011
How dare you...
Student: I have had nothing but problems with student loans. I have a son starting school soon and there's no way I want him to get Subsidized loans.
Me: Yeah the Department of Education has really started to tighten up the rules on Title IV loans.
S: I know, its just ridiculous. I mean, you can't get them discharged through bankruptcy or anything!
M: Yeah they are really trying to reduce the amount of loans that get defaulted.
S: Its not just that, they will take it out of your Social Security.
M: If it comes to it they will. They really want students to pay back the loans they are given.
S: I know, its just so unbelievable!
M: ...
Of all the nerve. The DOE really needs to get a hold of itself. I mean come on, they're LOANS, why should student have to pay them back? I mean its not like they signed anything requiring them to repay them.
Me: Yeah the Department of Education has really started to tighten up the rules on Title IV loans.
S: I know, its just ridiculous. I mean, you can't get them discharged through bankruptcy or anything!
M: Yeah they are really trying to reduce the amount of loans that get defaulted.
S: Its not just that, they will take it out of your Social Security.
M: If it comes to it they will. They really want students to pay back the loans they are given.
S: I know, its just so unbelievable!
M: ...
Of all the nerve. The DOE really needs to get a hold of itself. I mean come on, they're LOANS, why should student have to pay them back? I mean its not like they signed anything requiring them to repay them.
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